Who doesn’t love some extra cash boost? If you are an investor looking for dividend opportunities, three companies – ADC India Communications, MSTC, and RailTel Corporation have set today, April 2, as the record date for their interim payouts. With a combined total of Rs 30.5 per share up for grabs, here is a detailed look at what is in store for shareholders.
Big payouts incoming – Rs 30.5 in dividends up for grabs
For those holding shares in these companies, the dividend announcements bring a potential windfall. Here is how each company stacks up:
ADC India Communications: The telecom-focused microcap company is leading the pack with a generous Rs 25 per share dividend.
MSTC: The government-owned steel company has declared an interim dividend of Rs 4.50 per share.
RailTel Corporation: The railway PSU is offering a 10% dividend, translating to Re 1 per share.
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ADC India Communications Dividend
Record Date- April 2
Payment Date- On or before April 23
ADC India Communications has maintained a track record of rewarding its investors, and this 250% interim dividend continues that trend.
MSTC Dividend
Record Date- April 2
Previous Dividends- The PSU has already distributed Rs 32 per share earlier this year. In 2024, investors saw three dividend payouts which include Rs 4 in November, Rs 5 in September, and Rs 5 in February.
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RailTel Dividend
Record Date- April 2
Payment Date- April 9
This is the second interim dividend by RailTel for the financial year 2024-25.
Why does record date matter?
The record date is important because only investors holding shares as of this date are eligible to receive dividends. Investors who held shares by the end of April 1, 2025 are eligible for the dividend payout.
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